financial statements in Q1/2020 of the Company and subsidiary companies to the Stock Exchange of Thailand as follows: L.P.N. Development Public Co., Ltd. and subsidiary companies are developers of real estate

355 (24%) EBITDA 60 58 (3%) 210 172 (18%) Net Profit (Loss) for the Company 17 13 (24%) 55 4 (93%) Gross Profit Margin (%) 61.4% 59.6% (1.8%) 60.9% 57.3% (3.6%) EBITDA Margin1 (%) 28.6% 30.4% 1.8% 27.2

-1- Ref. POL. 028/2020 February 25, 2020 Re: Management Discussion & Analysis of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P Syndicate Public

of the parent company was 991.54 million Baht, decreased by 68.82 million Baht or 6.49% compared to the same period of 2016 Income statement (MB) Q3/2016 Q3/2017 YoY % 9M/2016 9M/2017 YoY % Total Sales

Public Company Limted (the “Company”) hereby submitted the Management Discussion and Analysis of the 2nd Quarter 2019, ending 30 June 2019. Details are as follows: Operating Results Overview For the 3

Malaysia, and one company from Indonesia; (3) The Country Top 3 PLCs Award is given to listed companies with Top three highest score. For Thailand, the top three companies in alphabetical order are PTT

. Due to this business has low gross profit margin, to build up more sales revenue will result in good net profit. Sales revenue The Company had total sales revenue of Baht 923.6 million in Q3/2018

2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic

Attachment: Information Memorandum 1 Eureka Design Public Company Limited ("the Company") would like to notify the resolutions of the Board of Directors' meeting, No. 8/2020, 25th June 2020, considered and

gained from Phase 3 of the new plant that supported volume growth helped lessen the effect of the above on profit margin. The Company was capable to maintain a satisfactory level of profitability that